DineEquity completes Applebee's refranchising

DineEquity Inc. has officially completed its plan to convert the Applebee’s chain into a 99-percent franchised brand, the company announced Thursday.
The announcement follows closure of a previously announced deal to refranchise 39 Applebee’s in Virginia to Potomac Family Dining Group LLC, the final of a series of deals that have shifted 479 domestic company-operated locations to franchise ownership over the past four years.
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